Villa St Vincent
- Assets
- $13.7m
- Revenue
- $14.5m
- Investments
- $0.0
- Employees
- 341
- Location
- Minneapolis, MN
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 41-1352227
Organization Overview
Villa St Vincent, operating under the name Benedictine Living Community - Crookston, is located in Minneapolis, MN. The organization was established in 1946. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2022, Benedictine Living Community - Crookston employed 341 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Benedictine Living Community - Crookston is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Benedictine Living Community - Crookston generated $14.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $13.6m during the year ending 06/2022. While expenses have increased by 3.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Benedictine Living Community - Crookston has awarded 15 individual grants totaling $874,530. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO WITNESS TO GOD'S LOVE BY PROVIDING COMPASSIONATE, QUALITY CARE WITH SPECIAL CONCERN FOR THE UNDERSERVED AND THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF BENEDICTINE LIVING COMMUNITY - CROOKSTON IS A 104 BED LONG-TERM CARE FACILITY IN CROOKSTON, MINNESOTA, WHICH PROVIDES SKILLED NURSING CARE TO THE ELDERLY. THE FACILITY HAD 83.3% OCCUPANCY AND SERVED 273 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/22.
OPERATION OF BENEDICTINE THE SUMMIT IS A 53 UNIT FACILITY IN CROOKSTON, MINNESOTA, WHICH PROVIDES ASSISTED LIVING SERVICES TO THE ELDERLY. THE FACILITY HAD 81.7% OCCUPANCY AND SERVED 58 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/22.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Carley CEO Of Bhs | Officer | 1 | $0 |
Kevin Rymanowski CFO Of Bhs | Officer | 1 | $0 |
Tia Bowe Vp Of Bhs/president (through March 2022) | OfficerTrustee | 1 | $0 |
Judy Hulst Executive Director | Officer | 40 | $0 |
Ryan Palm Chair | OfficerTrustee | 1 | $0 |
Robert Altringer Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benedictine Health System Management Services | 6/29/22 | $824,108 |
Fusion Medical Staffing Llc Temporary Nursing Staffing | 6/29/22 | $114,401 |
Ardor Health Solutions Temporary Nursing Staffing | 6/29/22 | $101,520 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $317,062 |
| Government grants | $539,643 |
| All other contributions, gifts, grants, and similar amounts not included above | $68,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $925,081 |
| Total Program Service Revenue | $13,325,139 |
| Investment income | -$240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,484,565 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $202,648 |
| Grants and other assistance to domestic individuals. | $23,089 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,376,599 |
| Pension plan accruals and contributions | $110,189 |
| Other employee benefits | $868,516 |
| Payroll taxes | $530,452 |
| Fees for services: Management | $824,108 |
| Fees for services: Legal | $2,643 |
| Fees for services: Accounting | $13,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $528,093 |
| Advertising and promotion | $41,801 |
| Office expenses | $69,061 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $575,909 |
| Travel | $32,955 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $282,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $493,611 |
| Insurance | $147,896 |
| All other expenses | $51,401 |
| Total functional expenses | $13,631,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,074,897 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,411,611 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $58,190 |
| Net Land, buildings, and equipment | $7,355,710 |
| Investments—publicly traded securities | $970,970 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,791,543 |
| Total assets | $13,662,921 |
| Accounts payable and accrued expenses | $884,813 |
| Grants payable | $0 |
| Deferred revenue | $1,633 |
| Tax-exempt bond liabilities | $5,934,358 |
| Escrow or custodial account liability | $58,346 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $2,947,393 |
| Other liabilities | $109,272 |
| Total liabilities | $9,935,815 |
| Net assets without donor restrictions | $3,187,954 |
| Net assets with donor restrictions | $539,152 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,662,921 |
Grants Awarded
Over the last fiscal year, Villa St Vincent has awarded $201,775 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BENEDICTINE HEALTH SYSTEM PURPOSE: SYSTEM SUPPORT & STRATEGIC CAPITAL | $39,648 |
BENEDICTINE LIVING COMMUNITIES INC PURPOSE: EQUITY | $100,471 |
BENEDICTINE FOUNDATION PURPOSE: FOUNDATION EXPENSES | $61,656 |